Caprihans India Redeems Pref Shares, Converts Warrants

Caprihans India Limited has announced the redemption of 39,75,000 preference shares, totaling ₹3.975 Crores, which reduces its issued preference share capital. Concurrently, the company has completed the allotment of 2,65,000 equity shares upon the conversion of warrants by its promoter, Bilcare Limited. This conversion, at an issue price of ₹200 per warrant, has increased Caprihans India's paid-up equity share capital from ₹17,35,39,710 to ₹17,61,89,710. The promoter's post-issue equity holding has increased to 63.47%.